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Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
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When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
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https://www.cnbc.com/2020/06/11/manhattans-empty-apartments-new-leases-plunge-62percent-in-may.html
“The supply of available rental units continues to accumulate,” UrbanDigs said in its report, which looked at all ...
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I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...
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The Bush administration developed an effort to confront the worst U.S. financial crisis in decades, describing a plan that could cost taxpayers hundreds of billions of dollars to buy up bad mortgages and other toxic d...
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Hey everyone, I accomplished my goal of getting my first rental property under contract by the end of 2017 and I close on this property soon. I have been calculating the best way to grow my portfolio, but I am curious...
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How are landlords managing the impact of Coronavirus on a tenant's ability to pay rent? Due to quarantines, social distancing, etc., a lot of businesses, employees, and business owners are likely to have dramatically...
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What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...